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Old 23rd February 2008, 19:56   #478 (permalink)
sudipt123
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Join Date: Feb 2008
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Quote:
Originally Posted by ranc View Post
Its confirmed that the launch is on 11th March, the engines will be imported from Italy initially because their Engine making facility in the new plant is still not fully operational, Wonder what it would do to the price of the car ?, May be they will absorb the additional cost till they start making the engines here.
I doubt FIAT will make such a move... and even if they launch the Palio Stile with the imported 1.3MJD, they certainly won't absorb the burdern of import duties...they will pass it on to the customer of course. FIAT startegy in the past has shown us that! I also don't undretsand the urgency of importing the 1.3MJD, cause they could have done that at least a year back!
Just inquisitive: - what are the import duty rates for (CKD's). Also in this case do engine components have a different duty rate?
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